Ransomware Problems

A new report (registration required) from Malwarebytes has revealed how devastating ransomware can be for small and medium businesses—35% were hit by ransomware in the past 12 months, and one in six of those experienced more than 25 hours of downtime.

A day or more of downtime can be devastating for a small business that depends on its computers to accomplish work. The financial demand of ransomware may not be high (50% were less than $1,000), but when 22% of businesses have to completely cease operation to purge their systems it’s bound to cost much more than the price the attacker demands. Read more